Decision details

Heloise MacAndrew, Director of Law and Governance presented the updated Corporate Risk and Opportunity Register.

It was noted that the next quarter's actions identified in relation to Corporate Opportunity 1: Sub Regional Place Leadership and Governance should have had a target date of March 2025.

Members commented that the newly added risks were timely and reflected the challenges facing the council.

It was noted that a briefing note on lessons learned from the public interest report on Woking Borough Council had recently been shared with the Chair. Reports such as this helped the council to identify learning from other authorities. The officer Compliance and Assurance Board considered these reports when they were published. It was agreed an annual report to summarise the key risks and learning identified should be included on the committee's work plan, with any significant findings relating to the county council's arrangements reported sooner. In the meantime, the briefing note on Woking Borough Council's report and a list of other best value / public interest reports would be shared after the meeting.

In response to a query about risks relating to Local Pensions Partnership Administration (LPPA), members were advised that these risks were reported through the directorates' reporting processes like all other risks and, if necessary, would be escalated to the corporate register.

Resolved: That

i.  The updated Corporate Risk and Opportunity Register be approved; and

ii.  An annual report of learning from best value / public interest reports be added to the Audit, Risk and Governance Committee's work plan.